What is sales/index contract in SAP RE - Real Estate Management?

SAP Term: sales/index contract

• Component: RE

• Component Name: Real Estate Management

• Description: Rent Adjustment Special type of index-linked contracts with both index and sales agreements. The tenant makes advance payments based on the estimated sales and has either a receivable or a credit memo following the sales settlement. With the sales/index contract, in addition to the advance payment conditions the amount details in the sales agreement minimum rent, sales grading can also be adjusted according to an index series.

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• Key Concepts: 
  A sales/index contract is a type of contract used in SAP Real Estate Management (RE) to define the terms of a rental agreement. It is used to set the rental rate, payment terms, and other conditions for a rental agreement. The contract also includes an index clause, which allows the rental rate to be adjusted based on changes in an external index such as inflation or market prices. 
  
  How to use it: 
  In SAP RE, a sales/index contract is created by entering the details of the rental agreement into the system. This includes the rental rate, payment terms, and other conditions. The index clause is then added to the contract, which allows for automatic adjustments to the rental rate based on changes in an external index. 
  
  Tips & Tricks: 
  When creating a sales/index contract in SAP RE, it is important to ensure that all of the details are accurate and up-to-date. This includes the rental rate, payment terms, and other conditions. Additionally, it is important to ensure that the index clause is set up correctly so that it can be used to automatically adjust the rental rate when necessary. 
  
  Related Information: 
  For more information about sales/index contracts in SAP RE, please refer to the official SAP documentation at https://help.sap.com/viewer/product/SAP_REAL_ESTATE_MANAGEMENT/80000001/en-US.